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  • Amid the campaign by Canadian officials to boost U.S. support for the Keystone pipeline (TRP), Gary Doer, Canada’s ambassador to Washington poses this question for the U.S.: “Do you want your oil from Hugo Chavez or do you want it from Canada?” [View news story]
    I get that the pipeline is cheaper. I also get that there are choices other than Texas. It's not a question of building a new refinery at all, it's a question of where to place the pipeline to connect to a refinery and ultimately to a market.

    The news item posed the question " oil from Canada or oil from Venezuela"? This is a canard if the oil is not intended for the US at all. A smoke screen. To put it impolitely, a ruse.
    Feb 28, 2013. 01:26 PM | Likes Like |Link to Comment
  • Amid the campaign by Canadian officials to boost U.S. support for the Keystone pipeline (TRP), Gary Doer, Canada’s ambassador to Washington poses this question for the U.S.: “Do you want your oil from Hugo Chavez or do you want it from Canada?” [View news story]
    I'm unconvinced. I don't see this as solely a green issue, I see it as the interests of a Canadian company clashing with those of American consumers.

    Texas has plenty of oil. They have more refineries than any other US state, true, but there are refinieries in many other states besides Texas. There are also refineries in most of the Canadian provinces.

    Because the South already has oil, once the petroleum is refined you are right back to the shipping costs problem. Oil is heavy. It takes energy to transport energy. Having the refined oil as close as possible to a potential market is just as much a factor as reducing the cost of getting it into production.

    If the intended market is South America, I don't see how that helps the US consumer at the pump.
    Feb 28, 2013. 12:59 PM | Likes Like |Link to Comment
  • Amid the campaign by Canadian officials to boost U.S. support for the Keystone pipeline (TRP), Gary Doer, Canada’s ambassador to Washington poses this question for the U.S.: “Do you want your oil from Hugo Chavez or do you want it from Canada?” [View news story]
    It just seems like the long way round to me, literally. I can see where the mountains might be a problem laterally, but I can't see why you have to go completely transcontinental. Texas isn't a major user either, from there the product still has to go to the East or West Coast or overseas.

    Just an off the wall idea: If they can make natural gas liquid why can't they make oil solid and transport as bricks?
    Feb 27, 2013. 04:56 PM | Likes Like |Link to Comment
  • Credit Suisse Finally Liquidates ETNs Delisted in 2009 [View article]
    Okay. I was under the impression you could unbundle an ETF or CEF -that is, convert it to shares - rather than wait to have payment resolved.

    Some ETNs represent shares, so Iguess I would be curious if there would be a problem there.
    Feb 27, 2013. 04:45 PM | Likes Like |Link to Comment
  • Credit Suisse Finally Liquidates ETNs Delisted in 2009 [View article]
    Ron, is the delay tied in any way to these being ETNs? That is, is it a structural vulnerability to watch for?
    Feb 26, 2013. 08:33 PM | Likes Like |Link to Comment
  • Amid the campaign by Canadian officials to boost U.S. support for the Keystone pipeline (TRP), Gary Doer, Canada’s ambassador to Washington poses this question for the U.S.: “Do you want your oil from Hugo Chavez or do you want it from Canada?” [View news story]
    Yes but. Number of miles, pipeline to coast/number of miles, pipeline to Texas = fractioon less than 1, so why put farmland and ranchland at risk? A pipeline break in Alaska is an ecological disaster but a break iin Kansas is an economic disaster.
    Feb 26, 2013. 08:20 PM | Likes Like |Link to Comment
  • Amid the campaign by Canadian officials to boost U.S. support for the Keystone pipeline (TRP), Gary Doer, Canada’s ambassador to Washington poses this question for the U.S.: “Do you want your oil from Hugo Chavez or do you want it from Canada?” [View news story]
    Why not just put the refinery where the oil is? Is there some reason for piping it?
    Feb 26, 2013. 06:34 PM | 1 Like Like |Link to Comment
  • 3D Printing's Intersection Of Promise And Reality: An Interview With Terry Wohlers [View article]
    Georgi, good choice for the interview.

    My introduction to the smaller 3D equipment was through researching Techshop, which provides services to the Maker community sort of the way shared office services firms do. I'm not aware of any IPO plans for the company, but they certainly have a middleman sort of role in the product chain; might be a jumping off point for another set of viewpoints.
    Feb 26, 2013. 05:55 PM | Likes Like |Link to Comment
  • Cinedigm Offers A Leveraged Way To Play Digital Films And Software [View article]
    No, I understand that, but even in major league baseball no one bats .400, right? Establishing the potential does not give me a valuation, it only suggests value might be present.
    Feb 25, 2013. 06:21 PM | Likes Like |Link to Comment
  • On 'America's Baby Bust' [View article]
    I found this superficial and cliched. Sorry.

    Population increase does not equate to productivity, profitability, or consumer markets. Further, we are in an era where continued population reduction is not only going to be the norm but a necessity in order to preserve dwindling resources.

    So, the economic models will have to be redesigned. Think a little further outside the box.
    Feb 23, 2013. 08:54 PM | 2 Likes Like |Link to Comment
  • 3D Systems - Expectation And Reality Soon To Meet [View article]
    Nice balanced look at the pros and cons in the article and the comments. 3D's future is sky high and then some - did you see the FOX report Feb. 4 on printing a moonbase out of regolith? I thought my expectations were high!

    Derek, your critics missed the point: we're on the website to talk about return on invested capital. The industry may grow overall, but will it take our investments with it? I think your conclusion is the correct one here.
    Feb 23, 2013. 06:17 PM | 1 Like Like |Link to Comment
  • An untapped area to look for yield? Try relatively small-sized REITs like Brandywine Realty (BDN) and Washington REIT (WRE). Research shows larger REITs such as Public Storage (PSA) and Simon Property (SPG) tend to have lower yields and higher price/book ratios than their smaller cousins solely because of their more likely inclusion as major holdings of ETFs. [View news story]
    Patrick: It's a news item from WSJ. See the paper for the full article, graph and details. The author also highlights ETF risk, which this summary chose to ignore.
    Feb 21, 2013. 08:07 PM | Likes Like |Link to Comment
  • Cinedigm Offers A Leveraged Way To Play Digital Films And Software [View article]
    Well reasoned even though the numbers are a little tentative.

    There are lots of small players in this industry but not many are stock capitalized. You might want to look at one or two companies in depth as a long range comparative analysis. Aggregating a list of low budget films tends to muddle your projections if the films are from a mismash of different producers with different distributors. Not a reflection on you, but understand that it creates a fragmented picture to just pull an assortment of "winners" out of context.
    Feb 21, 2013. 06:00 PM | Likes Like |Link to Comment
  • The judge presiding over Greenlight Capital's suit against Apple (AAPL) over the bundling of proposals within its proxy says Greenlight has shown a "likelihood of success," suggesting a ruling in Greenlight's favor is on the way. Apple's shareholder meeting arrives on Feb. 27. (previous) Update (5:19PM ET): Full quote from Reuters. "Candidly I do think the likelihood of success is in favor for Greenlight," says district judge Richard Sullivan. Should the case go forward, he'll focus on whether Greenlight would be irreparably harmed by a bundled vote. [View news story]
    Apple's logic on fighting this escapes me also, unless they are just not ready for a vote and find this lawsuit a convenient excuse to stall.

    For my money the likely result of a perpetual preferred is that the largest holders will walk off with a lot of cash and the small shareholders will benefit little, but try explaining that to people who have placed their retirement funds with Apple.

    A qualified special dividend, say administered within a DRIP, might be a better direction, if that's even possible. Then shareholders would have to register with the company's Investor Relations division and Apple could better gauge movements in ownership.
    Feb 19, 2013. 08:21 PM | 4 Likes Like |Link to Comment
  • Will The Sun Keep Shining On The Cloud Storage REITs? [View article]
    I'll take the other side of the consolidation debate...internationally growth in real estate REITs has been exponential, why should we expect digital REIT growth to be different? Despite Moore's law, the amount of data being produced and used daily is increasing faster than the capability of technology to keep up.

    Enjoyed this very much, your readers are clearly well informed and thoughtful.
    Feb 19, 2013. 08:10 PM | Likes Like |Link to Comment
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